CHICAGO — LBP Manufacturing LLC (LBP) today announced it has acquired Dominion Packaging’s Quick-Service Restaurant business (Dominion QSR), a leading producer of folding cartons to national QSR brands. Financial terms of the transaction were not disclosed.
Based in Richmond, Virginia, Dominion QSR operates out of a 245,000-square-foot manufacturing facility producing fry cartons, meal boxes, pie cartons and other products for leading quick-service restaurant brands.
Based in Chicago, LBP is a leading global producer of innovative and sustainable food and beverage packaging. The acquisition of Dominion QSR expands LBP’s product offering to provide customers with a full suite of folding carton and corrugated packaging solutions. Brett Hawkins, one of the founders of Dominion, is joining LBP as part of the transaction. LBP is owned by PPC Partners and management.
Matt Cook, CEO of LBP, said, “Brett and his team have built Dominion QSR into a market leader in the folding carton space. The Company’s culture of customer service and commitment to innovation align with LBP’s core values. We are excited to add the Dominion QSR business to LBP.”
Thomas Chadwick, Vice President at PPC Partners, added, “This acquisition will allow LBP to better serve its customers by rounding out the company’s portfolio of folding carton and corrugated packaging products. We continue to be enthusiastic in our support of LBP as they expand their value proposition to their customers.”